We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the … increases of about 11 percent on overlapping routes and about 10 percent on routes which experienced a merger-induced switch of … the operating carrier. Over a longer period, however, our analysis reveals that both merger efficiencies and post-merger …

profit margin the unique tax-rate it is charged on absolute profits. In theory the firm´s tax-rate would be the mark-up over …

merger that occurred by the end of 2015 (the BRF/MRP merger) had any discernable market-power or efficiency effects. To do … counterbalances the price increases induced by the merger. This implies that total consumers' surplus may have grown as a consequence … of the merger. …

that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency …

this issue is the relationship between buyer power (caused by a retail merger) and profitability. Contrary to the existing … literature, in an extended setup, we find that the merger between the downstream duopolists does not improve their profits if …